When forming a limited company in the UK, one of the first decisions you'll make is determining your share capital. Despite its importance, share capital often confuses new business owners. Here's what you need to know to make informed decisions about your company structure. What Is Share Capital? Share capital is the total value of [...]
From 18 November 2025, Companies House introduced new regulations, which means you will need a personal code to file your company's confirmation statement. This new requirement from Companies House affects all company directors, so it's important to understand what you need to do to avoid delays when your confirmation statement is due. What's the Personal [...]
When setting up a limited company in the UK, you'll quickly encounter two important terms: registered office address and trading address. While they might sound similar, they serve completely different purposes and have different legal requirements. Understanding this distinction is essential for staying compliant with Companies House and HMRC, protecting your privacy, and presenting a [...]
Companies House has announced a further adjustment to its fee structure, effective 1st February 2026. This follows the previous fee increase implemented in May 2024, which accompanied the introduction of measures under the Economic Crime and Corporate Transparency Act. The upcoming changes will affect UK company formations and various filing services. Reason for the Fee [...]
As part of the upcoming reforms to UK company law, new regulations taking effect on 18 November 2025 will change the way companies maintain their statutory registers. These updates are designed to streamline record-keeping requirements and reduce duplication between internal company records and the information held at Companies House. What’s Changing? [...]
From 18 November 2025, it will become a legal requirement for all newly appointed company officers to provide a personal code when incorporating a company with Companies House. Existing company directors and officers will also be required to provide their personal code during a 12-month transitional period, typically when filing their next confirmation statement (CS01). [...]
The UK Economic Crime and Corporate Transparency Act 2023 introduced a series of reforms designed to strengthen the accuracy of company information on the Companies House register. As part of these changes, Companies House has announced that identity verification will soon become a mandatory requirement for company officers. What are the new requirements? All appointed [...]
At Small Firms Services, our commitment to transparency and excellence has always been at the core of our mission. We strive to provide business owners with the highest quality services while ensuring simplicity in navigating the complexities of running your business. However, there are times when external factors necessitate adjustments to our pricing structure, as [...]
In the UK, entrepreneurs have several options when it comes to structuring their business, with the most common being a 'Limited Company' and a 'Sole Trader' business. Understanding the differences between these two can be crucial for business owners in terms of tax implications, legal responsibilities, and operational flexibility. Limited Company: A [...]
A Certificate of Good Standing is a crucial document for businesses operating within the UK and internationally. Issued by Companies House, this certificate attests to a company's compliance with administrative responsibilities and its consistent maintenance of required records. This document is particularly important for UK-based businesses for several reasons: International Business Relations: For UK companies [...]
